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Illinois grain prices in country elevators
 

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[March 22, 2012]  SPRINGFIELD -- This is Wednesday's report of the grain prices and trends, prepared by the USDA and the Illinois Department of Agriculture.

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Illinois country grain prices were mixed on Wednesday afternoon, with soybeans higher and corn and wheat lower. Soybean futures were supported by export interest and stronger soybean meal values.

In Northern and Western Illinois country grain dealers quoted shelled corn bids 3 to 5 cents lower at 6.24-6.36. Soybean bids traded 10 to 13 cents higher at 13.20-13.40.

In Central Illinois country grain dealers quoted shelled corn bids were 5 to 6 cents lower at 6.31-6.47. Soybean bids were 9 to 10 cents higher at 13.33-13.42.

In the Southern part of the state, shelled corn bids were 6 cents lower at 6.39-6.58. Soybean bids were mostly 10 to 11 cents higher at 13.38-13.51. Wheat bids were mostly 7 cents lower at 6.17-6.41.

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Commercial grain prices paid farmers by Interior Illinois Country Elevators after 2.00 p.m. Wednesday are listed below in dollars per bushel:

AREA 

US 2

CORN

US 1

SOYBEANS

 US 2

SOFT

WHEAT 

NORTHERN 6.24 - 6.36 13.20 - 13.31  
WESTERN  6.24 - 6.33 13.29 - 13.40  
N. CENT. 6.31 - 6.40 13.33 - 13.36  
S. CENTRAL 6.37 - 6.47 13.35 - 13.42  
WABASH  6.50 - 6.56 13.39 - 13.43 6.20 - 6.31
W.S. WEST 6.39 - 6.42 13.38 - 13.51  6.17 - 6.31
L. EGYPT 6.52 - 6.58 13.43 - 13.51 6.40 - 6.41

Central Illinois average price

Corn: 6.39 (- 3 K)
Soybeans:
13.37 1/2 (-17 1/2 K)

CONTRACT BIDS FOR NEW CROP 2012 DELIVERY

AREA 

US 2

CORN

US 1

SOYBEANS

 ***US 2

SOFT

WHEAT 

NORTHERN 5.14 - 5.26 12.70 - 12.81  
WESTERN  5.12 - 5.24 12.70 - 12.83  
N. CENT. 5.17 - 5.26 12.77 - 12.88  
S. CENTRAL 5.20 - 5.30 12.75 - 12.88  
WABASH  5.26 - 5.36 12.82 - 12.88 6.16 - 6.22
W.S. WEST 5.28 - 5.31 12.87 - 12.94

6.31 - 6.35

L. EGYPT

5.36 - 5.37

12.75 - 12.88

6.16 - 6.26

***June/July 2012 Delivery


[Text copied from USDA-IL Dept of Ag Market News, Springfield]
 

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